$2.5 billion
Amount raised by Electric Vehicle startup Rivian in a recent round of funding. Investors in this round include Soros Fund Management, Coatue, Fidelity Management and Research, and Baron Capital Group. Amazon and hedge fund BlackRock have invested previously and also are part of this round. The company has a contract with Amazon to build 100,000 electric delivery vans starting next year.
Last Modified: 11-Jul-2020 7:38 PM
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Posted by Yatin Dhareshwar in Business & Industry
Source ET Energy World